MD Private Investment Counsel (MDPIC), the discretionary investment management subsidiary of MD Financial Management Inc. (MD), remains the largest1 non-bank-owned private investment counsel firm in Canada—and the only non-bank firm among the top five —according to Investor Economics Fee-based Report, Winter 2015 Edition. MDPIC surpassed the average one-year asset growth rate of the top five private investment counsel firms with an 18.6% growth rate versus the average of 16.2% for the period ended December 2014. Investor Economics also reported that MD Private Trust advanced in ranking with a move to fifth place for total trust and foundation assets and, on a relative basis, was the fastest growing trust company in the six-month period ended December 2014 in terms of the growth of total trust and foundation assets. “As a firm owned by the Canadian Medical Association, the financial well-being of our physician clients and their families is our top priority,” said Brian Peters, President and CEO of MD. “We are pleased by the asset growth of MD Private Investment Counsel and MD Private Trust in the last year as this growth will enable us to continue to provide our clients with improved service and enhanced products that will help them reach their financial goals.” The information and data are published in the Fee-based Report Winter 2015 from Canadian financial services research and consulting firm Investor Economics. For more information about MD Private Investment Counsel and MD Private Trust, contact an MD Advisor or call the MD Service Centre at 1 800 267-2332. 1 Based on assets for the period ended December 2014 among the top five firms. Investor Economics, The Fee-based Report Winter 2015. MD Private Investment Counsel is the largest non-bank-owned private investment counsel firm in Canada and manages more than $19 billion in assets on behalf of clients. MD Private Trust provides peace of mind through customized and tax-efficient estate and trust planning services, including estate settlement, philanthropy and trust administration. Owned by the Canadian Medical Association, MD’s only business imperative is to enhance physicians’ financial outcomes by focusing on their distinctive needs and operating in their best interests. MD Financial Management has more than $40 billion in assets under administration and is dedicated to serving Canada’s physicians and their families. MD provides financial products and services, the MD Family of Funds and investment counselling services through the MD Group of Companies. For a detailed list of these companies, visit md.cma.ca. Media Contacts
Maria Grant
Deborah ThompsonAbout MD Private Investment Counsel
About MD Private Trust
About MD Financial Management
Manager, External Communications
MD Financial Management
maria.grant@md.ca
613 809-0657
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